State
Idaho
Year
2017
Variations in Receipt of Benefit
Benefit Varies with Income
Benefit Type
Circuit Breaker
Benefit
The benefit is a reduction in property taxes. This amount of the benefit is based on 36 income brackets. The benefit ranges from a maximum benefit of $1,320 for income under $11,930 to a benefit of $150 for income less than $29,640.
How is Benefit Disbursed
Credit to the property tax bill
Eligible Property Type
Residential
Characteristics of Eligible Property
Only homesteads are eligible for this benefit. A “homestead” is defined as the owner-occupied primary dwelling place of the claimant. It may consist of a part of a multidwelling or multipurpose building. The exemption extends to land surrounding the homestead which is necessary for its use as a home. This may not exceed one acre. Homestead does not include personal property such as furniture, furnishings or appliances, but a manufactured home may be a homestead.
Eligibility Criteria
Age
Disability
Homeowner
Income Ceiling
Principal Residence
Veteran
Surviving Spouse
Other Criteria
Description of Eligibility Criteria
The income limit is $29,640. A claimant must be an owner of the homestead and as of 1 January of year which claimant applies for benefit, must be: (a) over 65 years old; (b) a fatherless or motherless minor; (c) a widow or widower; (d) a qualified disabled person or recognized as disabled by public employee disability programs or veteran; (e) a former POW; or (f) blind.
Local Option in Adoption of Program
Local government is unable to exercise an option
Local Option Regarding Program Features
No local option regarding program features
State Funding for Local Tax Loss
State reimburses all of the local government tax loss
Description of State Funding for Tax Loss
The state directly reimburses the county in two installments.
Record ID
ID103_RR17